All companies EXCEPT ordinary companies not designated as non-profit organisations may be registered without “Limited” or “Ltd” in its name.
A name may be used ten (10) years after an entity has been dissolved.
A name would not be available if
- It is identical or closely resembles a name already registered or any translated name on the register of companies, contains the words “Chamber of Commerce” unless the company registered under section 80 without the addition of the word “Limited” or the abbreviation “Ltd.” to its name;
- contains the words “building society”.
Other Restrictions may apply to see the list of restricted words or phrases.
Where restrictions apply approval may be sought from the Registrar of Companies or the Cayman Islands Monetary Authority as applicable.
Any company may, by special resolution, change its name and, in the case of an exempted company, may adopt a dual foreign name or change its dual foreign name, if any, and any dual foreign name shall precede or follow its name.
If through inadvertence or otherwise, a company on its first registration or on its registration by a new name or new translated name is registered by a name or a translated name which in any way contravenes the naming requirements, then the company may, with the sanction of the Registrar, change its name or its translated name as the case may be and shall, if the Registrar so directs, change its name or translated name within six weeks of the date of such direction or within a such longer period as the Registrar may think fit.
The cost for the change of name is usually waived by the Registrar in this case.